https://www.tradingview.com/x/fOuMsyZq/
This is my last forex trade I made. Here is the explanation:
1. Market opened with a gap. (we know that almost every gap will be closed one day)
2. 14 hours accumulation under the level.
3. The level is clean and clear. (the prices didn't do the false breakdowns or smth like that, the level is untouchable)
4. Low volatility near the level. (it means that the stop loss will be short)
5. The drive to the level was okay. (the price didn't come to the level too fast, that's a good sign for a breakdown)
This is my last forex trade I made. Here is the explanation:
1. Market opened with a gap. (we know that almost every gap will be closed one day)
2. 14 hours accumulation under the level.
3. The level is clean and clear. (the prices didn't do the false breakdowns or smth like that, the level is untouchable)
4. Low volatility near the level. (it means that the stop loss will be short)
5. The drive to the level was okay. (the price didn't come to the level too fast, that's a good sign for a breakdown)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.